Artikel
Information and output in agricultural markets: The role of market transparency
This study is concerned with the impact of changes in market transparency on agricultural production levels. Market transparency is of central importance in the agri-food system as it affects the degree of uncertainty farmers face when taking economic decisions. In our study, we endogenize uncertainty by establishing a link between market transparency and the terms of contracting on the futures market. We find that a higher degree of market transparency leads to higher expected profits but does not increase agricultural production levels per se. However, when farmers have no access to futures markets, transparency does increase ex ante expected uility and output.
- Language
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Englisch
- Bibliographic citation
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Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 1 ; Year: 2013 ; Pages: 1-10 ; Heidelberg: Springer
- Classification
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Wirtschaft
- Subject
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Market transparency
Agriculture
Price risk
Information
- Event
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Geistige Schöpfung
- (who)
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Ahlers, Christian
Broll, Udo
Eckwert, Bernhard
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2013
- DOI
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doi:10.1186/2193-7532-1-15
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Ahlers, Christian
- Broll, Udo
- Eckwert, Bernhard
- Springer
Time of origin
- 2013
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